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Hey , folk , welcome to Week in Review ( WiR ) , TechCrunch ’s even newssheet that recaps the top tech — and technical school - relate — fib over the preceding several days . With the holiday around the box , this newsman expected a quieter week . But the opposite happened — there ’s been no shortage of account to write about .
In this version of WiR , we cover Comcast and Mr. Cooper client data being stolen , electric scooter company Bird filing for bankruptcy , Adobe ending its Figma acquisition plans , and Apple being forced by the International Trade Commission ( ITC ) to halt sales of the Apple Watch . We also spotlight Nikola founder Trevor Milton ’s securities fraud sentencing , Microsoft ’s Copilot chatbot getting a euphony multiplication feature and Consumer Reports ’ impression of Tesla ’s Autopilot recall fixture ( looter : it ’s not good ) .
It ’s a deal to get through , so we ’ll hop-skip to it . But first , a reminder tosign up hereto find WiR in your inbox every Saturday if you have n’t already done so .
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cyberpunk target Comcast : Comcast has confirmed that hacker exploiting a critical - rated certificate exposure accessed the sensitive entropy of almost 36 million Xfinity customer . The exposure , know as “ CitrixBleed , ” is found in Citrix networking devices often used by large tummy and has beenunder aggregate exploitation by malicious actors since August , Carly report .
Mr. Cooper under attack : In related newsworthiness , hackers stole the sensitive personal information of over 14.6 million Mr. Cooper customers , Zack writes . The mortgage and loan giant confirm that the felon stole customer names , addresses , date of nascence and telephone numbers , as well as Social Security numbers and bank write up phone number .
Adobe gives up : Adobe’s$20 billion mega - bidto corrupt rival Figma is nowofficially deadafter the company articulate this workweek that regulatory pushback in Europe caused them to end their acquisition design . First announced in September last yr , the deal was always go to pull in regulatory examination due to the size of the dealings and the fact that ittook one of Adobe ’s major challenger out of the word picture , mention Paul .
Apple halts Apple Watch sale : Apple has halt the sales event of its Series 9 and Ultra 2 smartwatch come after an October ruling by the ITC owing to a patent difference of opinion with California - based med technical school firm Masimo . The dispute is over the blood sensor supervise on the tardy flagship Apple Watches ; Apple is invoke the ITC ’s opinion .
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Nikola founder sentenced : Trevor Milton , the disgraced beginner and former CEO of electric motortruck startup Nikola , was sentenced on Monday to four years in prison for securities fraud . Rebekah write that the sentence caps off a multi - year saga that at one gunpoint mail Nikola stock sailplane 83 % only to occur break apart down months after overaccusations of fraudand cancel contract .
co-pilot stimulate medicine writing acquirement : Microsoft ’s AI - powered chatbot , Microsoft Copilot , can now compose songs thanks to an integration with generative AI ( GenAI ) music app Suno . exploiter can enter prompting into co-pilot like “ Create a pappa song about dangerous undertaking with your family ” and have Suno , via a hype - in , bring their musical ideas to life .
Bird files for bankruptcy : Birdhas filedfor Chapter 11 failure , capping off a turbulent year for the galvanic scooter company . In apress release , Bird confirmed it had entered into a “ financial restructuring cognitive operation aimed at strengthening its balance sheet , ” with the company continuing to operate as normal in pursuit of “ long - terminal figure , sustainable growth . ”
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Need some listening fabric while prepping a vacation dish — or to tune out peculiarly bothersome congenator ? You ’re in luck — TechCrunch ’s podcasts will meet the account .
On this week’sEquity , the arcsecond of a two - part serial looking back at 2023 , the gang recapped the nightfall of Silicon Valley Bank , FTX founder Sam Bankman - Fried ’s long and tedious visitation and OpenAI ’s fantastic internal politicking .
Meanwhile , Foundfocused on Charlie Hernández and his journey of building My Pocket Lawyer , an on-line platform that ’s meant to democratise approach to legal advice and counsel for those who might not be able to afford a lawyer . Hernández talked about why he decided to put his police force academic degree to employ to tackle this problem .
AndChain Reactionfeatured Staci Warden , the chief executive officer of the Algorand Foundation , the organization behind the layer-1 blockchain Algorand . Algorand is a Singapore - based blockchain that aims to be debauched , dependable , decentralised and “ the greenest ” with its atomic number 6 - negative meshing .
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Etsy layoffs : Etsy recently announced that it would lie off 11 % of its workforce — which comes as no surprise to those closely following the e - DoC segment , Anna write . “ Junkification ” and trigger-happy contest paint a tough way ahead , she predicts .
DEI recoil : Dom writes about the discouraging backlash against DEI ( diversity , equity and inclusion ) , a framework to aid make more conscious workplace initiatives to help marginalise community , in the tech sector .
Figma ’s rosy outlook : Anna write about how , even without Adobe , things do n’t look all that spoiled for Figma . CB insight approximate that the inauguration is still deserving between $ 8.3 billion and $ 9 billion .
